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Urbana-ChoosetoSave Test

Enter the letter for the matching Answer
incorrect
1.
net income
incorrect
2.
Assets
incorrect
3.
Goal
incorrect
4.
compound interest
incorrect
5.
liquidity
incorrect
6.
Interest rate
A.
the end result of somthing a person intends to acquire, achieve, do reach or accomplish
B.
Everything an individual or household owns with monetary values
C.
earning interest on interest
D.
the percentage rate paid on money invested or saved
E.
the amount of an individual's take home pay after taxes and deductions
F.
how quickly and easily an asset can be converted to cash
Type the Question that corresponds to the displayed Answer.
incorrect
7.
the price of money
incorrect
8.
a business that offers banking & financial services
incorrect
9.
Debts or what is owed to others
incorrect
10.
Describes an individual or family's financial condition on a specified date
incorrect
11.
the amount of money needed to pay for the necessities and comforts currently enjoyed
incorrect
12.
the purchase of assets with the goal of increasing future income
incorrect
13.
Amount of money left when liabilities are subtracted from assets

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